VCC Has Entered into a Contractual Agreement with Russia’s RSTradehouse

Working Relationship Brought Even Closer Together and Continues to Expand Trade Opportunities Between Russia and Singapore Companies

Two months ago, VCC signed a Cooperation Agreement with RSTradehouse, the management company of Russian-Singapore Business Council and operator of the B2B platform – RSTrade. The Cooperation Agreement allows VCC to integrate its services onto RSTrade’s electronic platform and to promote its services in Russia and EAEU countries, creating more trade opportunities between Singapore and Russia.

After the signing of the Cooperation Agreement, there were rounds of discussions, to develop a business model which fits best. The great working relationship between VCC and RSTradehouse and an aligned business model eventually led to the contractual agreement. With the contract, it helps build the synergy between both parties, to achieve shared goals and creates more trade opportunities between Singapore and Russia.

On 14 November 2018, the contract was signed by Mr Desmond Tay, CEO of VCC and Dr Sergey Pronin, CEO of RSTradehouse. The exchange of the signed contract was later on carried out at Enterprise Singapore, witnessed by Dr Koh Poh Koon, Senior Minister of State for Trade and Industry of Singapore and Mr Alexander Viktorovich Krutikov, Deputy Minister for Development of Russian Far East.

(From left to right) Mr Desmond Tay, CEO of VCC and Dr Sergey Pronin, CEO of RSTradehouse signing of the contract

(From left to right) Mr Desmond Tay, CEO of VCC and Dr Sergey Pronin, CEO of RSTradehouse shaking hands after the contract signing

Dr Sergey Pronin (first from the left), CEO of RSTradehouse exchanging the contract with Mr Desmond Tay(first from the right), CEO of VCC, which was witnessed by Mr Alexander Viktorovich Krutikov(second from the right), Deputy Minister for Development of Russian Far East and Dr Koh Poh Koon(second from the left), Senior Minister of State for Trade and Industry of Singapore